$459,000

For sale

537 Merkley Road, Tay Valley, Ontario, K7H3C5

2 bd3 ba20 pk1,750 ft²Lot size 613 × 823 ft (11.58 acres)

Listed by RE/MAX HALLMARK REALTY GROUP

18602 Highway 7 Highway, Tay Valley, Ontario, K7H3C6

For saleJust listed

Today

$425K

18602 Highway 7 Highway, Tay Valley, Ontario, K7H3C6

3 bd2 ba8 pk900 ft²Lot size 100 × 200 ft (20,000 sq ft)

Listed by REMAX BOARDWALK REALTY

462 Anglican Church Road, Tay Valley, Ontario, K7H3C6

For sale

8 days ago

$795K

462 Anglican Church Road, Tay Valley, Ontario, K7H3C6

3 bd3 ba10 pk1,750 ft²Lot size 319 × 320 ft (2.34 acres)

Listed by COLDWELL BANKER SETTLEMENT REALTY

999 Ennis Road, Tay Valley, Ontario, K0G1A0

For sale

8 days ago

$1.50M

999 Ennis Road, Tay Valley, Ontario, K0G1A0

3 bd4 ba8 pk2,250 ft²Lot size 866 × 2016 ft (40.07 acres)

Listed by COLDWELL BANKER HERITAGE WAY REALTY INC.

Investment analysis

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$459,000

Tay Valley

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2137 Bennett Lake Road, Tay Valley - Single Family for Sale

2137 Bennett Lake Road, Tay Valley, Ontario, K0G1A0

2 beds2 baths2 parking1,300 ft²450 × 287 ft (2.96 acres) lot sizeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom home in Tay Valley is for sale offering roughly 1,300 sq ft of space. Listed at $459,000, it is attractively priced about 29% below the $650,000 median asking price in Tay Valley. It has been on the market 35 days, fresher than the Tay Valley average of 87 days.

Houses for Sale in Tay Valley →All real estate in Tay Valley →

Description

Welcome to this artisan, two-year-old 1200 sq ft house located on a hardwood-forested hectare on beautiful Bennett Lk Rd. Two bedrooms and a spacious three-piece washroom (bath/shower combo) are upstairs with a large living area, laundry/powder room, kitchen/dining accented by nine-ft.-high ceilings and a cozy woodstove for brisk days on the main level. Built to code for Canadian winters with a slab-on-grade foundation and large south-facing windows this craftsman's home is comfortable in summer and cheered by winter sunshine. A new septic and a deep well, and a lovely forest path that meanders to the west are added features. Unique rock ledges, a pastoral forest, quaint landscaping and a quiet neighbourhood add to the property's value as an inviting place to settle. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: X13844374
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 450 × 287 ft (2.96 acres)
Frontage: 450 ft
Storeys: 1
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $2,838.92/yr
Listed: 35 days ago

Rooms

Main level

Family room: 7 x 4.72 meters
Kitchen: 4.72 x 3.35 meters
Laundry room: 3.35 x 2.13 meters

Second level

Bedroom: 3.66 x 3.39 meters
Bedroom 2: 3.66 x 3.39 meters
Bathroom: 3.25 x 2.13 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater
Foundation: Slab
Exterior: Wood
Lot Features: Irregular lot size

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Tay Valley listings, avg age

87d

Price / ft²

$353

List price

$459K

Haho

This 2-bed single family in Tay Valley has been listed for 35 days, which is 52 days fresher than the city average of 87. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $459,000, about 4.9× the local median household income of $94,000.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$459,000· $353/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,950

Min 5%50%

Mortgage payment$2,418/mo

↳ CMHC premium ($17,442 capitalized)

Property tax (est.)$237/mo

Total monthly$2,654

Cash Needed to Close

Down payment (5%)$22,950

Land transfer tax$5,655

Est. closing costs$3,877

Total cash needed$32,482

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